News
Camp Mystic Parents Sue Texas, Allege Evacuation Plan Requirement Not Enforced
Texas health officials failed to follow state law when they licensed Camp Mystic without making sure it had an evacuation plan, parents of nine children and counselors who died in the July 4 flood ...
Markel Group Announces Leadership Changes
Markel Group Inc. on Monday announced the appointments of Simon Wilson, CEO of Markel Insurance, and Andrew Crowley, President of Markel Ventures, as Executive Vice Presidents of Markel Group, in ...
Blizzard Caused Up to $38 Billion in Estimated Damage, Economic Loss: AccuWeather
The winter storm that brought several feet of snow and blizzard conditions to parts of the Northeast this week resulted in $34 billion to $38 billion in total damage and economic loss, according to a ...
Premium Slowdown, Inflation Factors to Lead to Higher P/C Combined Ratio: AM Best
Success for the property/casualty industry in 2025 was marked by rate increases and investment income, but plateauing or softening rates in many lines of business may pressure financial results in ...
Mexico’s Cartel Violence Could Hit Economy and Insurance Segment: AM Best
Ongoing violence from criminal groups in Mexico, which disrupted travel and attacked businesses in Puerto Vallarta during the weekend, could create headwinds for a country where tourism represents ...
New Texas Law Requires Insurers Provide Reason for Declining or Canceling Policies
Beginning earlier this year, a new Texas law went into effect requiring insurance companies to provide a reason for declining or canceling an auto or homeowners policy. HB 2067 applies to decisions ...
Carmakers Push Toward ‘Eyes-Off’ Driving, Raises Safety, Liability Questions
Automakers are racing toward a key milestone on the long road to fully driverless cars: systems that let drivers take their eyes off the road – to shoot a text or peck away on a laptop – unless ...
Focus on Ski Guides After Deadly California Avalanche Could Lead to Criminal Charges, Civil Suits
An investigation to determine if backcountry guides were criminally negligent during a California ski trip that ended with eight people killed in an avalanche and another presumed dead has surprised ...